Price for Powders of Pig Iron in Iran - 2021

Price for Powders of Pig Iron in Iran (CIF) - 2022

In 2022, the average powders of pig iron import price amounted to $1,675 per ton, reducing by -19.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 126%. As a result, import price attained the peak level of $2,084 per ton, and then shrank dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,256 per ton), while the price for Austria ($78 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Powders of Pig Iron in Iran (FOB) - 2022

The average powders of pig iron export price stood at $4,568 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate temperate growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 178% against the previous year. Over the period under review, the average export prices attained the maximum at $4,618 per ton in 2021, and then shrank in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +13.6% per year.

Imports of Powders of Pig Iron in Iran

In 2022, approx. 244 tons of powders of pig ira were imported into Iran; waning by -23.3% compared with the previous year. Overall, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2021 when imports increased by 89%.

In value terms, powders of pig iron imports reduced dramatically to $409K in 2022. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 327%. As a result, imports reached the peak of $663K, and then reduced dramatically in the following year.

Import of Powders of Pig Iron in Iran (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	110	29.1	168	115	1.5%
Spain	103	27.3	158	108	1.6%
United Arab Emirates	13.0	6.2	30.7	17.6	10.6%
China	165	58.8	82.8	14.7	-55.3%
India	42.6	5.2	4.6	14.2	-30.7%
Germany	3.1	0.2	11.6	6.7	29.3%
Turkey	7.5	0.5	11.5	6.6	-4.2%
Italy	8.5	1.6	6.9	3.4	-26.3%
Austria	1.4	0.2	0.9	0.4	-34.1%
Others	162	25.9	188	122	-9.0%
Total	616	155	663	409	-12.8%

Top Suppliers of Powders of Pig Iron to Iran in 2022:

Spain (123.9 tons)
France (35.4 tons)
China (17.3 tons)
United Arab Emirates (15.9 tons)
India (15.6 tons)
Italy (9.1 tons)
Austria (5.4 tons)
Germany (4.0 tons)
Turkey (2.2 tons)

Exports of Powders of Pig Iron in Iran

In 2022, overseas shipments of powders of pig ira increased by 5.8% to 717 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a dramatic downturn.

In value terms, powders of pig iron exports totaled $3.3K in 2022. In general, exports, however, faced a significant contraction.